Category Archives: Business

What Crypto Can Expect From Twitter’s New CEO

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Indeed, as recently as November 2019 Agrawal was still self-styling himself as “crypto-naive” during a fireside chat held on Twitter’s campus with cryptocurrency entrepreneur Joseph Lubin. Just over a week later, Agrawal joined Dorsey on a trip to Nigeria, where Agrawal met with the local Bitcoin community. Chris Maurice, CEO of the exchange YellowCard, who […]

Congress Takes Aim at the Algorithms

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“I agree in principle that there should be liability, but I don’t think we’ve found the right set of terms to describe the processes we’re concerned about,” said Jonathan Stray, a visiting scholar at the Berkeley Center for Human-Compatible AI who studies recommendation algorithms. “What’s amplification, what’s enhancement, what’s personalization, what’s recommendation?” New Jersey Democrat […]

Jack Dorsey’s Square Is Now Block

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Jack Dorsey is no fan of Mark Zuckerberg. He once told Rolling Stone that at dinner at Chez Zuck, the Facebook CEO served him a goat he had killed, and the meat was cold. More recently, he made fun of Zuckerberg’s metaverse ambitions. Nonetheless, however unintentionally, today the CEO of Square finds himself making a […]

Why Do DVDs Still Exist?

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As Tiger King 2 enthralls and appalls viewers and some fans of Star Trek: Discovery lament the idea of having to shell out for another streaming service subscription, take pity on the once-hot video technology now more likely to be a makeshift coaster for your coffee: DVDs were once the future—but now they’re difficult to […]

LinkedIn’s Exit From China Cuts Another East-West Bridge

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For Chinese regulators, even a censored US-based social network was too much. Microsoft ​said Thursday it would cease operating its work-oriented social network LinkedIn within China by the end of the year. In a statement, the company cited a “significantly more challenging operating environment and greater compliance requirements in China.” The announcement is a symbolic […]

Leveraging small data for insights in a privacy-concerned world

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Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more This article was contributed by Dmytro Spilka When we hear the term ‘artificial intelligence,’ it’s natural to think of big data and the task of sifting through volumes […]

AI lab DeepMind becomes profitable and bolsters relationship with Google

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The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! DeepMind, the U.K.-based AI lab that seeks to develop artificial general intelligence, has finally become profitable, according to the company’s latest financial report. Since being acquired by Google (now Alphabet Inc.) in 2014, DeepMind has struggled to break even with […]

Substack Is Now a Playground for the Deplatformed

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What do Alex Berenson, Bari Weiss, and Glenn Greenwald have in common? They’ve all railed against being deplatformed—be it a Twitter ban or the loss of a job at a prestigious publication—only to find a new home and great riches on Substack. The hyped newsletter platform, founded in 2017 and touted as an alternative way […]

Why Zillow Couldn’t Make Algorithmic House Pricing Work

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Zillow’s Zestimate of home values has become a go-to reference for US homeowners. But when Zillow tried to use its algorithm to buy and sell homes, it badly misread the market. The company’s iBuyer (or “instant buyer”) arm, where tech-first firms use algorithms to quickly value, buy, and sell homes, launched in 2018 in Phoenix. […]

RE:WIRED 2021: Prince Harry Says He ‘Warned’ Jack Dorsey Before the Capitol Riots

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Prince Harry, the Duke of Sussex, revealed at the RE:WIRED conference today that he had emailed Twitter CEO Jack Dorsey prior to the Capitol riots on January 6 to warn him that “his platform was allowing a coup to be staged. That email was sent the day before and then it happened and I haven’t […]